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WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration on Thursday said it was moving to allow advanced headlights known as “adaptive driving beams” to be used in vehicles on U.S. roads that could help prevent nighttime crashes. The agency said it was acting in response to a petition filed by Toyota Motor Corp (7203.T) in 2013 to allow the lights, which provide more illumination than existing lights without a glare to oncoming motorists by using additional sensors to automatically adjust lights.
NHTSA said the lights offer “potentially significant safety benefits in avoiding collisions with pedestrians, cyclists, animals, and roadside objects.”, The headlights have been permitted in Europe for more than a decade and are also allowed in Japan and other countries, Volkswagen AG (VOWG_p.DE) also petitioned the agency in 2016 to allow the lights on its Audi A7 luxury cars, while BMW AG (BMWG.DE) filed a similar petition in October 2017, The problem is the lights ran afoul of U.S, rules setting best cufflinks 2018 maximum levels for lower beams..
The agency noted that a recent study by the Insurance Institute for Highway Safety found that pedestrian deaths in dark conditions jumped 56 percent from 2009 to 2016. At the direction of Congress, NHTSA began extensive research into the impact of nighttime glare in 2005. Unlike some automatic headlight switch systems from high to low beams, adaptive headlights use sensors, cameras, data-processing software, and headlamp hardware to detect oncoming and preceding vehicles and automatically adjust the headlamp beams.
NHTSA said it was proposing to amend current safety rules that bar the advanced lights but will still need to take final action after receiving public best cufflinks 2018 comment before it can the allow the new lights, The agency is also proposing new test measures to ensure the systems work as planned, NHTSA has received thousands of complaints about headlight glare over the last four decades, especially with the introduction of halogen lights in the late 1970s and then high-intensity discharge lights in the 1990s..
NEW YORK (Reuters) - Wall Street indexes continued their decline in volatile trade on Thursday as investors continued to shun risky investments, and the Nasdaq dipped in to correction territory. During afternoon trade the S&P was down more than 2 percent after shedding 3 percent in the previous day’s session, then found its footing and cut losses. The Nasdaq fell as much as 10.3 percent from its closing record high, reached on Aug. 29 before likewise bouncing to almost unchanged. If it closes at the worst level seen for the day so far, it would confirm a correction.
DENNIS DICK, PROPRIETARY TRADER, BRIGHT TRADING LLC, LAS VEGAS, “You’ve a few people who were maybe under invested jumping in here, We saw a rally this morning and that ended up being a suckers rally, Then you had buy-the-dippers coming in here saying this was too much best cufflinks 2018 too fast.”, “What had us down this morning was fear, Traders from the day before thinking we were going to bounce back but it didn’t work, I think its money managers coming in saying it was too much too fast … we bounced right off the June lows we got near.”..
“Technology is leading the way here. Its leading us back. Are we out of the woods here? I don’t think so. You’re going to see a lot of volatility in the next week or so.”. “If we can get any (U.S./China)meetings going that’s going to help the market. It could kick start us.”. KEITH LERNER, CHIEF MARKET STRATEGIST, SUNTRUST ADVISORY SERVICES, ATLANTA. “When you have a shock day like yesterday, people are caught off guard, there are a lot of adjustments going on below the surface. And there tends to be a lot of volatility the day after a shock day, and over the next several days or weeks.”.
BERNARD BAUMOHL, MANAGING DIRECTOR AND CHIEF GLOBAL ECONOMIST, THE ECONOMIC OUTLOOK GROUP, PRINCETON, NEW JERSEY, “We are going a fairly significant pull-back in the final quarter (of 2018), We saw this, the market couldn’t conceivably continue to rise, it couldn’t conceivably maintain its strength in the face of rising short- and long-term interest rates, Ironically this is also occurring at a time when the economic expansion was beginning to show signs of wear and tear, The U.S, economy is beginning to lose some steam, We saw it in consumer spending, we’ve best cufflinks 2018 seen it in home sales, and in auto purchases..